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A new property has been included on the top ten discounted properties nationwide list from SQM Research at number six.
The home, 160 Great Eastern Highway, Glen Forrest (WA - above) has had a reduction of 31 percentage points since being listed. It replaced 13/83 Aralia Street, Rapid Creek, NT, which sold last week for $240,000, $10,000 under the already reduced asking price of $250,000 according to SQM Research managing director Louis Christopher.
He said the property first came onto the market back in July 2015 with an original asking range of $1.3 - $1.5 million and at the end of last month the vendor slashed this price down to just $900,000, a total reduction of $400,000.
"The property is set on a massive 2018 sqm block with one gigantic family home, and bonus powered workshop," he said.
"The home consists of six bedrooms, two bathrooms, home theatre and study. It home also features a handy solar system with a three phase inverter which means no more annoying electricity bills.
"A reduction this large means business."
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One new property on SQM's top ten discounts list

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Heritage property in Perth is common in Fremantle with suburbs Mount Lawley, Bassendean, Perth, Guildford, Bicton, Dalkeith and Calremont boasting a choice of Federation style homes that are keenly sought after by renters according to analyst firm Herron Todd White. 
HTW’s recent heritage market report said entry level heritage property in both Mount Lawley and Fremantle is under $1 million for a basic and neglected dwelling on a smaller allotment, however properties that have undergone a significant restoration can command well above $2 million.
HTW warned it can be very easy to over-capitalise on these properties and those that fall at the upper end of the value range in the area are often the first to feel a slowdown in the market. 
“In relation to tenancy appeal, there is very good tenant demand for these properties, as tenants are renting a lifestyle that they can not afford to finance or purchase,” HTW said.
“The lower end of the market is often keenly sought after in the rental market, reflecting a well located property with a character feel.
“Both Mount Lawley and Fremantle offer a wide selection of rental properties constructed in the Federation style and the amenities offered within both areas increases the demand and ensures a consistency of occupancy.”
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Heritage Federation rentals sought after in Perth's Mount Lawley, Fremantle: HTW

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Shaped terracotta blocks from the basis of a new hybrid residential development in Sydney’s inner city suburb of Alexandria.
Triangular-shaped cut-out terracotta blocks used as screen walls have been designed to give Teracota, 2-24 Mitchell Road Alexandria a layered look and cast shadow patterns on to the façade as well as to pay homage to the site’s original red brick warehouse.
John Wilkins from Bennett Murada Architects said the intention is to give Teracota a point of difference to the ‘Look at me! Look at me!’ architectural approach of random shapes and splashes of colour which now dominate many Sydney buildings.
“Terracotta is a traditional-looking material that will endure, much like the warehouses and factories that gave the neighbourhood its original character,” he said. 
Teracota is being developed by LIVstyle, with company director Aaron Tippett describes Teracota as a ‘hybrid’ of residences that will cater for a variety of prospective purchasers. 
The development will also feature a large, central courtyard with aged brick pathways, seating areas, gazebo shading, mature trees and expanses of lawn. 
Strata levies are estimated to be $500, $950 and $1,100 per quarter for one, two and three bedroom residences.
Interior features include high ceilings, blackbutt flooring in all living areas, thick pile wool carpets in bedrooms, and double glazed windows throughout. 
Kitchens include CaesarStone benchtops, smoked ash timber veneer accents and Miele appliances, including a double-door integrated fridge. Master bathrooms will be finished in limestone, with a freestanding bath, frameless glass shower screen and high-quality Parisi tapware.
Floor-to ceiling, wall-to-wall glass doors slide or concertina to open up living areas to the balconies and terraces, which are framed by the terracotta brickwork.  
Peter Shield from Ray White Erskineville said Alexandria led the residential renaissance of Sydney’s former industrial inner suburbs around 20 years ago.  
“It spearheaded the rise in property values of neighbouring suburbs Waterloo, Erskineville, Zetland and Rosebery, and its cosmopolitan lifestyle continues to attract attention, particularly from owner-occupiers,” said Mr Shield. 
“Alexandria is on the cusp of Green Square - Australia’s largest urban renewal project - just minutes from Sydney Airport and four kilometres from the Sydney GPO. It has excellent schools, innovative dining options, exciting art galleries, eclectic shops and a dynamic community. 
“Teracota will further enhance the cache of Alexandria.” 
Teracota will include: 
12 three-bedroom terraces
·       All have direct and private street access and direct internal access from 
private lock-up garage
-       All have private courtyards.
-       All have two parking spaces 
·       Sizes: from 165sqm (internal) to 233sqm (internal)
·       Prices: from $1.6M to $1.9M
8 three-bedroom penthouses 
·       All with private rooftop gardens equal in size to the floor area below  
·       Sizes: from 115sqm (internal) to 135sqm (internal)
·       Parking: two spots each
·       Prices: from $1.45M to $1.8M
7 two-bedroom apartments
·       Sizes: from 75sqm (internal) to 85sqm (internal)
·       Parking: one spot each
·       Prices: from $1.1M to $1.35M
 
2 one-bedroom apartments
·       Sizes: from 53sqm (internal)
·       Parking: one spot each
·       Prices: from $795,000  
LIVstyle expects construction of Teracota will start in August. For more information go to <a href="https://www.teracota.com.au/" target="_blank">www.teracota.com.au</a>
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New Alexandria residential development embraces its working class roots

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<img src="https://counter.theconversation.edu.au/content/57114/count.gif" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
The federal government’s Smart Cities Plan is framed around the “30-minute city”. In this city, journeys will take no more than half an hour, regardless of your location.
The recently released plan has significant implications for population, transport provision and land-use intensity in neighbourhoods – the places where people live and how they get around. The realisation of its goals will require ongoing densification of Australian suburbs.
<h2>Cities with more houses, more people, more NIMBYs</h2>
The doubling of the population in some Australian cities by 2045 is likely to generate fierce opposition to housing and transport projects.
Many medium-density housing projects prompt residents to act strategically to protect their neighbourhoods, even when these projects improve housing affordability and access to jobs and services.
Resistance is also directed at major infrastructure. Fierce campaigns are being (or have been) waged against Melbourne’s <a href="https://theconversation.com/the-sky-rail-saga-can-big-new-transport-projects-ever-run-smoothly-54383">“</a>sky rail” project and East West Link, Sydney’s ANZAC Parade light rail and Westconnex projects, and the Perth Freight Link.
Such opposition is not only felt through the planning system. Residents also use political channels to stop projects, as with the East West Link.
<h2>How should government respond to community resistance?</h2>
Contestation over city planning should not be shut down. Rather, we need to think about citizen opposition as a constructive process for working through difference. Here are five points to consider when including people in the delivery of the 30-minute city.
Point 1: We need active governments and active citizens
Private-sector lobbyists argue government is poorly placed to deliver small- and large-scale infrastructure. But think about a city with no roads, sewers, hospitals or schools. Without government-led planning, our cities would be dysfunctional places to live.
However, governments are not benevolent institutions. Active citizenries have long scrutinised the efficacy of government decisions.
The introduction of private and non-government infrastructure providers further complicates the relationship between citizens and governments. Whose interests does urban development then serve – a local community, regional community, or developers?
Governments need to be ready to answer questions about the role of the private sector and to change their plans following community input.
Point 2: More than finding better participation tools
Urban planning systems play important roles in engaging residents. However, community consultation has been sporadic. Neighbourhood meetings and letterbox notifications often fail to ignite engagement.
Then there is the question of representation. Community consultations attract the “usual suspects”. Time-poor working-age households and young professionals find it difficult to fit engagement with planning into their busy lives. Even more rarely does planning engage with youth and children about their visions and hopes for cities.
Local and state governments are aware of the need for new ways to bring citizens into decision-making. Infrastructure Victoria’s citizen jury panels are meeting mid-2016. Social media is also being considered as a way to engage a broader public about city futures.
However, when planning departments use social media the uptake by communities is poor. Our research suggests opponents to planned projects, rather than planning departments, are more likely to use social media.
The problem with current participation tools is their failure to account for conversations, debates and protests that take place outside the formal planning process. We need ways to include these discussions.
Point 3: Moving beyond NIMBYism
Not all community campaigns are the same. The dominant narrative around community participation in urban planning centres on the pejorative idea of “the NIMBY” (not in my backyard).
The term NIMBY is frequently used to delegitimise the claims of citizens opposing planned developments. They are characterised as self-interested residents who resist the inclusion of new social groups in their neighbourhoods, or any change to the built or natural environment.
Deliberately labelling these residents as self-interested fails to recognise the positive roles they can play. Local resident campaigns can focus on city-wide or local issues. They can range from unwavering opposition to more flexible and reflexive engagement in an urban discussion.
Some community campaigns might be viewed as vital forms of urban citizenship. Others are seen as “protecting their patch” against the best interests of the broader citizenry. Both views should be part of our discussion about city planning.
Point 4: The conversation never stops
An active citizenry is involved in short-term “one-off” planning and long-term strategic planning. Too often, public participation roles are confined to one end of this spectrum. For example, the NSW government recently attempted to limit public participation to high-level strategic planning documents, reducing community input into individual developments.
Most people have little knowledge of the urban planning system. A recent study found only 24 percent of Sydney residents surveyed were aware of the Sydney metropolitan plan. Confining participation to upfront strategic consultation limits community involvement.
For most people, engagement with planning and development issues will be reactionary. People engage with the planning system when a development is proposed for their area.
However, a recent national survey revealed that 65 percent of responses believed urban residents should be involved in each stage of the strategy-making process. Most will not be involved, but options for participation should not be confined to upfront consultation.
By engaging the community in an ongoing discussion we can listen and respond to local interests without compromising the broader strategic and long-term vision for our cities.
Point 5: Metropolitan-wide but locally situated debate
There will be winners and losers in the 30-minute city. Houses will be acquired, buildings will be demolished and sections of the natural environment will make way for new infrastructure.
Over the last decade, the idea of consensus has dominated participatory approaches. However, consensus-seeking is not always the best way to work through community disagreement. In some cases, consensus can be manipulative, or useful for mobilising resident opposition.
We need to recognise that cities are home to many different people who hold diverse views and values, and who will not always agree. Rather than aiming for consensus, we should set our sights on metropolitan-wide, locally situated debate, which supports an active citizenry.
In the end, the difference between no action and implementation may be in “agreeing to disagree” through open discussion about the planning of the city.
Crystal Legacy is Australian Research Council (DECRA) Fellow and Vice Chancellor's Research Fellow, Centre for Urban Research, School of Global, Urban and Social Studies, RMIT University and can be contacted <a href="https://theconversation.com/profiles/crystal-legacy-18412" target="_blank">here</a>.
Dallas Rogers is lecturer in Urban Studies, Western Sydney University and can be contacted <a href="https://theconversation.com/profiles/dallas-rogers-5269" target="_blank">here</a>.
Cristian Ruming associate professor in Urban Geography, Macquarie University and can be contacted <a href="https://theconversation.com/profiles/kristian-ruming-173545" target="_blank">here</a>.
Nicole Cook is researcher, School of Geography, University of Melbourne and can be contacted <a href="https://theconversation.com/profiles/nicole-cook-220909" target="_blank">here</a>.
All are authors for The Conversation.
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‘30-minute city’? Not in my backyard! Smart Cities Plan must let people have their say

Property 101: Foreign resident capital gains withholding rules

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AC Property has earmarked the sales potential of student renters from China.
It suggests developers and agents can build a database of potential sales contacts that will buffer any property market downturn.
New research from <a href="https://www.acproperty.com.au/en/?australia_chinese_property_site" target="_blank">AC Property</a> shows that 56 percent of rental enquiries from these students request property purchasing information within seven months.
Esther Yong, director of AC Property said such figures suggest most Chinese student renters are already planning to buy a property when they first make a rental enquiry and she believes these rental enquiries may not only contain your next biggest sales lead, but could build a database that will ride you out while other investors wait for further policy changes before deciding their next move. 
"More foreign investment policies and lending restrictions have recently been imposed to deter foreigners from buying Australian properties, sparking concerns on property sales within the real estate industry," she said.
"One might expect this to result in slowing interest in property investment from overseas investors in the short term. However, let’s not forget the other groups of buyers who have stronger reasons to purchase properties in Australia, beyond building a wealthy portfolio – education and migration.
"While one might question their financial capability in purchasing properties, most Chinese students would still be receiving financial support from their families. Our survey shows that, a family will spend an average of $50,000 a year to support their studying child in Australia. Of these families, more than 85 percent are interested in receiving information about new development projects near their child’s university.
"Anecdotally, owning property, rather than renting, is also one of the highest priorities for a Chinese family.
"Therefore, It is not unusual to expect a well-financed Chinese student renter looking to buy shortly after they sign their rental contract."
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Student renters the key to buffering investment downturn: AC Property

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New Planning Panels headed by District Commissioners will streamline regionally significant planning across Sydney, according to the Greater Sydney Commission. 
The independent panels will start operating on 21 November 2016 and will replace the existing Sydney East Joint Regional Planning Panel and the Sydney West Joint Regional Planning Panel. 
Greater Sydney Commission CEO Sarah Hill said the District Commissioners are already listening to stakeholders and residents to shape the future vision for their districts. 
“District Commissioners, who understand the strategic vision for their respective districts, will chair the new panels,” she said. 
“We have been talking to stakeholders from day one and are about to launch an unprecedented level of community engagement.” 
“This means when the District Commissioners start chairing the panels in November they will know their area, the people and the over-arching vision for that district.” 
She said the panels aimed to improve decision making time frames for assessing regionally significant planning applications. 
“We are also aiming to reduce pre-gateway or rezoning review timeframes to less than 90 days for 85 percent of requests,” she said. 
The Sydney Planning Panels will take on responsibility for a number of key planning approval activities including determining regionally significant development applications (generally development with a capital investment value of more than $20M) and considering pre-gateway (rezoning) reviews, allowing requests for reviews of council decisions or lack of decisions within 90 days. 
Six Sydney Planning Panels will be established, with one panel for each District 
Each will be led by a District Commissioner and have four expert members with strategic and statutory planning expertise. Two representatives will be appointed by the Council and two will be Government appointments.
Frequently Asked Questions
This FAQ answers questions regarding the commencement of the Greater Sydney Commission’s Sydney Planning Panels and the process of transition from the existing Joint Regional Planning Panels by 21 November 2016.
What are the Sydney Planning Panels, what is their geographic remit and function?
The Greater Sydney Commission Act 2015 (the GSC Act) commenced on 27 January 2016. The GSC Act enables the Minister for Planning to create Sydney Planning Panels. A Sydney Planning Panel is taken to be a Joint Regional Planning Panel (JRPP) under the Environmental Planning and Assessment Act, 1979 (the EP&amp;A Act).
Sydney Planning Panels will be established to replace the existing Sydney East JRPP and the Sydney West JRPP.
The Sydney Planning Panels will determine regionally significant development applications (generally development with a capital investment value of more than $20M) within the Greater Sydney Region (as defined in the GSC Act); and consider pre-Gateway (rezoning) reviews, through which proponents can request a review if a council decides not to support a rezoning request or doesn’t make a determination within 90 days.
These are the same functions as the current Joint Regional Planning Panels.
The City of Sydney will continue to be excluded from the operation of the Sydney Planning Panels for the consideration of development matters. The Central Sydney Planning Committee will continue to operate as normal. Pre-gateway (rezoning) reviews for the City of Sydney will continue to be undertaken by the Planning and Assessment Commission.
When will the Sydney Planning Panels commence?
The Sydney Planning Panels will commence on Monday 21 November 2016. Until then the existing Sydney East JRPP and the Sydney West JRPP will continue to operate.
Starting the Sydney Planning Panels in November 2016 will allow the Commission and specifically the Commissioners, to focus initially on the important strategic work of developing the draft District Plans for exhibition. It allows time for a smooth transition with minimal disruption to operations and decisions.
Who will be the members of the Sydney Planning Panels?
The Sydney Planning Panels will comprise of five members:
A Greater Sydney Commission District Commissioner – the Chair
Two state appointed representatives
Two council appointed representatives
How many Sydney Planning Panels will there be?
Six Sydney Planning Panels will be established, one for each district in Greater Sydney.
The boundaries for the Sydney Planning Panels will reflect the district boundaries declared under the EP&amp;A Act.
The relevant District Commissioner will chair the Sydney Planning Panel for their district. As with the JRPPs the council appointed representatives for the relevant local government area will sit on the relevant Sydney Planning Panel when considering matters in their local government area.
The new members of the Sydney Planning Panels will be announced by the end of June 2016.
Why have more than two Sydney Planning Panels?
A key outcome of establishment of Sydney Planning Panels is to improve the timeframes for the determination of development applications and pre-gateway (rezoning) reviews. Creating six panels evens the workload across Sydney allowing for faster decisions.
District Commissioners will continue to build relationships with the councils within their District and build strong ties that will help councils to assess development matters in a more effective and efficient manner.
What role will the draft District Plans play in consideration of local plans by the Sydney Planning Panels?
The draft District Plans are currently being developed and will be exhibited by no later than January 2017.
The draft District Plans will be a matter the Sydney Planning Panels must take into consideration when reviewing local environmental plans and considering pre- Gateway (rezoning) review requests, as part of the strategic basis for future land use outcomes.
What happens if I have a matter with the Joint Regional Planning Panel and it has not been finalised?
Any development application or pre-Gateway (rezoning) review that was lodged but has not been determined by 21 November 2016 will be determined by the relevant Sydney Planning Panel.
If a JRPP has been appointed as the relevant planning authority for a rezoning prior to 21 November 2016 that function will transition to the relevant Sydney Planning Panel.
What is the role of the Department of Planning and Environment (Department) with the Sydney Planning Panels and planning proposals?
The Department will continue to provide the same level of secretariat support for the new Sydney Planning Panels.
The Department will continue to review planning proposals, issue Gateway determinations and make LEPs as a delegate of the Greater Sydney Commission until advised otherwise.
The existing plan making delegations to local government remain in place.
How will the Sydney Planning Panels improve procedures and outcomes?
The new approach of six Sydney Planning Panels will aim to improve determination time frames by at least 10% within 12 months of establishing the Sydney Planning Panels, and reduce pre-gateway (rezoning) review timeframes to less than 90 days for 85% of requests.
The Greater Sydney Commission will monitor the functions of the Department of Planning and Environment as their delegate and will review the efficiency of process and effectiveness of outcomes regularly.
The Government is committed to the smooth transition from the JRPPs to the Sydney Planning Panels and the new Panels will be supported throughout their establishment and during the transition to minimise any disruption to important development and rezoning decisions.
When will the review of the pre-Gateway (rezoning) review process be finalised?
The Department of Planning and Environment has recently undertaken a review of the pre-Gateway (rezoning) review process to ensure it is achieving its objectives and operating in the most transparent and efficient manner. The outcomes of this review are proposed to be finalised and implemented by June 2016.
Where do I get further information?
If you require further information about the operation of Sydney Planning Panels please contact the Joint Regional Planning Secretariat on 02 9228 2060 or at <a href="mailto:jrppenquiry@jrpp.nsw.gov.au">jrppenquiry@jrpp.nsw.gov.au</a>
If you require further information about the role and functions of the Sydney Planning Panels, please contact the Greater Sydney Commission on 02 8289 6200 or at <a href="mailto:info@gsc.nsw.gov.au">info@gsc.nsw.gov.au</a> 
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Property 101: New planning panels for Sydney

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Preliminary auctions results in Melbourne for the week ending May 22 show a clearance rate of 70.7 percent, down from 71.3 percent last week.
Melbourne’s Inner sub-region held a 72.2 percent clearance rate, with the Outer East region at 80 percent across 50 results from 57 auctions.
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Melbourne's outer east holds 80 percent clearance rate: CoreLogic RP Data

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The Central Queensland wet season has now concluded and most areas have received at least average rainfall for this period, however some patchy dry areas remain, particularly in the Central West.
 
After some good March rainfall, most graziers from the Central Highlands to the coast are entering the winter months with a fair body of feed.
 
Transactional activity continues at a steady pace with a number of sales across all market spectrums, according to valuer Herron Todd White's latest rural report.
 
Some offerings have been passed in at auction or alternatively withdrawn from sale as a result of firming vendor expectations.
 
Albinia which comprises a 19,177 hectare scrub and forest grazing property located 180 kilometres north-west of Clermont was offered at auction during March. The property was well contested but was passed in and reportedly sold soon after for $11.5 million.
 
The property last sold in October 2009 for $11.75 million on a walk in, walk out basis. Allowing for the inclusions in the previous sale, it indicates an increase on the 2009 sale in the order of 12 percent.  
 
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Central Queensland farm secures 12 percent price growth: HTW

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Heritage property renovators are encouraged to be as creative as possible within any heritage constraints while refreshing for appeal and necessity according to Herron Todd White, whose latest residential market report concentrates on residential heritage market in inner Sydney.
HTW says the council must consider the effect of any proposed development in the area surrounding heritage items or conservation areas, this ensures an appropriate context for heritage items and that owning a heritage listed property can bring other advantages such as protection of an item.
"Owners are typically not permitted to render the front facade, demolish and rebuild or build up and they are encouraged to be as creative as possible in their restorative thinking to make the property both liveable and appealing," HTW said.
"The way the dwelling looks from the street will usually have to be maintained, from the chimney to the roof line. You can have a Federation front and go completely contemporary with an extension or addition at the rear. 
"There are higher restoration costs for craftsmanship especially when period features such as decorative ceilings, cornices and ornate fireplaces are to be retained and also heritage specialist fees."
The report noted the recent sale of ten properties at Millers Point owned by the NSW Government that went up for auction.
"A heritage listed terrace at 40 Argyle Place, Millers Point sold on 25 February 2016 for $2.75 million and comprises a two storey, circa 1887 Victorian Terrace with 4-bedrooms and 1-bathroom with no car accommodation on 128 square metres of land. The property is in need of a full restoration," it said.
"9 Pickering Lane, Woollahra sold on 20 November 2015 for $2.025 million and comprises a circa 1880 single level neo-Georgian sandstone cottage with 2-bedrooms and 1-bathroom and no car accommodation on 152 square metres of land. The property has retained the front façade with an architecturally designed extension at the rear."
 
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Liveability, appeal key to Inner city Sydney heritage restoration: HTW

<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

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